For Sale: Maple Lake MLS# 7071110
Active
NEW!
$339,000
Multi-family: Duplex Up and Down
3 br • 2 ba • Built 1903
1,884 sqft • 0.172 acres
Maple Lake schools
MLS# 7071110
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Property Description
Located in the heart of Maple Lake, this up/down duplex offers a great opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Live in one unit and rent the other, or add this property to your investment portfolio as a solid income-producing property.
The home also features a spacious basement with potential to finish and add a third unit, creating even more income opportunity and long-term value. With small-town charm, flexible living options, and room for future growth, this property is full of potential.
Whether you're looking for your next investment or a place to call home with built-in rental income, this duplex is worth a look. Schedule your showing today and see the possibilities for yourself!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$339,000
Price per sq ft:
$180
Property Type:
Multi-family
City:
Maple Lake
Garage Spaces:
0
County:
Wright
Year Built:
1903
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55358
Subdivision Name:
Original Maple Lake
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
1,884 ft2
Living Area:
1,884 ft2
Refrigerators:
Two
Basement Details:
- Block
- Egress Window(s)
- Partially Finished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,142 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Gravel
Road Frontage:
City Street
Exterior Material:
- Block
- Frame
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
- Common Area
- In Basement
Lot & Land
Acres:
0.172
Geolocation:
45.226916, -94.00389
Lot Dimensions:
150 x 50 x 150 x 50
Zoning:
Residential-Multi-Family
Schools
School District:
881
District Phone:
3209633171
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$1,030
Annual Insurance Expense:
$1,886
Annual Maintenance Expense:
$215
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,275
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$3,716
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,716
Income
Annual Gross Income:
$29,910
Rent
Annual Net Income:
$24,506
Units
Total Units:
2
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Kg Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.